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Japanese (NIKKEI) Residential REITs Industry Analysis

UpdatedApr 28, 2024
DataAggregated Company Financials
Companies6
  • 7D1.6%
  • 3M3.6%
  • 1Y-3.8%
  • YTDn/a

In the last week, the Residential REITs industry is up 1.6%, with Advance Residence Investment up 2.1%. During this same period, the Kenedix Residential Next Investment underperformed, falling 5.5%. However, the industry is down 3.8% over the past year. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Japanese Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Apr 2024JP¥1.5tJP¥120.9bJP¥50.7b29.9x29.1x12.2x
Tue, 26 Mar 2024JP¥1.5tJP¥126.6bJP¥52.8b27x27.9x11.6x
Thu, 22 Feb 2024JP¥1.3tJP¥126.2bJP¥52.6b24.8x25.5x10.7x
Sat, 20 Jan 2024JP¥1.6tJP¥146.3bJP¥61.7b24.8x26.5x11.2x
Mon, 18 Dec 2023JP¥1.6tJP¥146.8bJP¥61.8b25.6x26.6x11.2x
Wed, 15 Nov 2023JP¥1.7tJP¥146.1bJP¥61.2b26.9x27x11.3x
Fri, 13 Oct 2023JP¥1.7tJP¥143.2bJP¥60.6b27x27.9x11.8x
Sun, 10 Sep 2023JP¥1.7tJP¥141.3bJP¥59.8b28x28.7x12.1x
Tue, 08 Aug 2023JP¥1.7tJP¥141.3bJP¥59.8b27.6x28.2x11.9x
Thu, 06 Jul 2023JP¥1.7tJP¥140.4bJP¥59.4b29x29.1x12.3x
Sat, 03 Jun 2023JP¥1.7tJP¥139.8bJP¥59.2b27.4x28.7x12.2x
Mon, 01 May 2023JP¥1.7tJP¥138.6bJP¥58.4b28.2x29.6x12.4x
Wed, 29 Mar 2023JP¥1.6tJP¥137.8bJP¥58.0b26.5x27.3x11.5x
Fri, 24 Feb 2023JP¥1.6tJP¥136.6bJP¥57.3b27.4x28.1x11.8x
Sun, 22 Jan 2023JP¥1.5tJP¥136.6bJP¥57.3b26.1x26.9x11.3x
Tue, 20 Dec 2022JP¥1.7tJP¥136.9bJP¥57.3b28.2x28.9x12.1x
Thu, 17 Nov 2022JP¥1.7tJP¥136.4bJP¥57.1b28.8x29.2x12.2x
Sat, 15 Oct 2022JP¥1.6tJP¥135.7bJP¥56.7b26.9x28.8x12x
Mon, 12 Sep 2022JP¥1.8tJP¥134.8bJP¥57.1b29.4x31.1x13.2x
Wed, 10 Aug 2022JP¥1.7tJP¥134.8bJP¥57.1b29.1x30.6x13x
Fri, 08 Jul 2022JP¥1.8tJP¥123.5bJP¥52.0b31x33.7x14.2x
Sun, 05 Jun 2022JP¥1.7tJP¥123.3bJP¥51.7b31.7x33.1x13.9x
Tue, 03 May 2022JP¥1.6tJP¥112.9bJP¥47.8b30.6x33.2x14x
Thu, 31 Mar 2022JP¥1.6tJP¥112.9bJP¥47.8b30.3x32.8x13.9x
Sat, 26 Feb 2022JP¥1.4tJP¥124.1bJP¥53.6b25x27x11.6x
Mon, 24 Jan 2022JP¥1.5tJP¥122.9bJP¥52.5b26x27.8x11.9x
Wed, 22 Dec 2021JP¥1.6tJP¥122.9bJP¥52.5b28.5x30.6x13.1x
Fri, 19 Nov 2021JP¥1.6tJP¥123.8bJP¥54.5b26.6x29x12.7x
Sun, 17 Oct 2021JP¥1.6tJP¥123.3bJP¥54.4b27.3x29.5x13x
Tue, 14 Sep 2021JP¥1.3tJP¥100.2bJP¥44.6b27.8x29.4x13.1x
Thu, 12 Aug 2021JP¥1.7tJP¥121.2bJP¥52.6b31.9x31.5x13.7x
Mon, 07 Jun 2021JP¥1.6tJP¥121.2bJP¥52.6b30.9x29.7x12.9x
Price to Earnings Ratio

29.9x


Total Market Cap: JP¥1.6tTotal Earnings: JP¥52.6bTotal Revenue: JP¥121.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Residential REITs Industry Price to Earnings3Y Average 29.2x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese Residential REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 29.2x.
  • The industry is trading close to its 3-year average PS ratio of 12.4x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Residential REITs industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Japanese Residential REITs compare with similar industries?

JP Market2.20%
Real Estate1.37%
REITS0.78%
Residential REITs1.62%
Hotel and Resort REITs3.24%
Industrial REITs1.91%
Retail REITs1.80%
Healthcare REITs1.61%
Office REITs0.99%
Diversified REITs0.78%
Specialized REITs0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3269 Advance Residence InvestmentJP¥338.00k2.1%
+JP¥10.0b		-4.2%PB2.1x
3226 Nippon Accommodations FundJP¥657.00k2.3%
+JP¥7.6b		-0.6%PB2.2x
3282 Comforia Residential REITJP¥340.00k2.1%
+JP¥5.3b		-0.1%PB1.7x
3459 Samty Residential InvestmentJP¥110.20k2.0%
+JP¥1.8b		-4.9%PB1.1x
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Latest News

3282

JP¥340,000.00

Comforia Residential REIT

7D

2.1%

1Y

-0.1%

3226

JP¥657,000.00

Nippon Accommodations Fund

7D

2.3%

1Y

-0.6%

8979

JP¥207,000.00

Starts Proceed Investment

7D

-1.2%

1Y

-10.2%

3269

JP¥338,000.00

Advance Residence Investment

7D

2.1%

1Y

-4.2%

8986

JP¥106,000.00

Daiwa Securities Living Investment

7D

-0.2%

1Y

-8.4%

3459

JP¥110,200.00

Samty Residential Investment

7D

2.0%

1Y

-4.9%

3278

JP¥210,500.00

Kenedix Residential Next Investment

7D

-5.5%

1Y

-1.5%